-
Laszlo Birinyi, The Man Who Predicted Dot-Com Bubble, Dies At 79
Wednesday, August 23, 2023 - 5:53pm | 507Read More...Laszlo Birinyi, the mastermind behind the revolutionary money flow analysis, died at age 79 on Aug. 21 after struggling with multiple health issues, Bloomberg reported. His journey from a Hungarian immigrant to a top market forecaster is nothing short of inspirational. Money Flow Analysis: A...
-
Economist Says AI-Fueled Rally Is Reminiscent Of Dot-Com Era: 'Current Environment Is Taking On A Mania Of Sorts'
Saturday, May 27, 2023 - 12:13pm | 625Read More...The stock market came roaring back in the second half of this week, thanks to momentum from Nvidia Corp.’s (NASDAQ:NVDA) artificial intelligence-induced earnings that sent the company’s stock, along with the broader technology sector, higher. One economist, however, thinks the stock...
-
Nasdaq Drops 9.6% In Dot-Com Bubble Sell-Off On This Day In Market History
Friday, April 14, 2023 - 11:16am | 278Read More...Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On April 14, 2000, the Nasdaq dropped 9.6% as the dot-com bubble burst. Where The Market Was: The Dow finished the day at 10,305.77. The S&P 500 closed at 1,356.56. What Else Was Going On In...
-
S&P 500 Hits Dot-Com Bubble Peak On This Day In Market History
Friday, March 24, 2023 - 11:05am | 323Read More...Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On March 24, 2000, the S&P 500 reached its dot-com bubble peak. What Else Was Going On In The World? In 2000, the Expedition 1 mission sent the first astronaut crew ever to live on the...
-
Party Like It's 1999: The Nasdaq Is Back With A Bang, Will 2023 Unfold The Same Way?
Monday, January 30, 2023 - 3:08pm | 398Read More...In January 1999, investors partied to the tune of skyrocketing tech stocks, 24 years later, investors are doing the same. What Happened: The tech-heavy Nasdaq-100, tracked by Invesco QQQ Trust (NASDAQ: QQQ), had its best year ever at the turn of the millennium, giving investors 101....
-
This Day In Market History: AOL-Time Warner Reports Largest Loss Of Any Public Company Ever
Monday, January 30, 2023 - 10:28am | 415Read More...Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On this day in 2003, AOL and Time Warner Inc (NYSE: TWX), which had merged in 2000, announced the largest annual loss of any public company in history. Where Was The Market? The S&...
-
Alan Greenspan Issues Dot-Com Bubble Warning On This Day In Market History
Friday, January 20, 2023 - 11:56am | 359Read More...Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Jan. 20, 1999, Federal Reserve Chairman Alan Greenspan issued a historic warning to Congress about stock market valuations. Where Was The Market? The S&P 500 traded at 1,256.62 and...
-
Crypto Is Facing A Trust Crisis: One Part Lehman Brothers, One Part Dot-Com Bubble?
Wednesday, November 23, 2022 - 11:36am | 725Read More...People keep asking if the the cryptocurrency market is comparable to the Lehman Brothers moment or if it's another rendition of the dot-com bubble, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC's "Squawk Box." "It'...
-
This Day In Market History: S&P 500 Hits 1,500 For The First Time
Tuesday, March 22, 2022 - 9:12am | 277Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 22, 2000, the S&P 500 closed above 1,500 for the first time. Where The Market Was: The Dow finished the day at 10,866.70. The S&P 500 finished at 1,500.64. What Else...
-
This Day In Market History: The Cisco Systems IPO
Wednesday, February 16, 2022 - 10:25am | 314Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1990, Cisco Systems, Inc. (NASDAQ: CSCO) held its IPO. Where The Market Was: The S&P 500 was at 332.72 and the Dow Jones Industrial Average stood at 2,635.59....
-
This Day In Market History: Global Crossing Files For Bankruptcy
Friday, January 28, 2022 - 10:53am | 276Read More...Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On this day in 2002, telecommunications company Global Crossing filed for bankruptcy. Where Was The Market? The S&P 500 traded at and the Dow Jones Industrial Average traded at....
-
This Day In Market History: Dow Hits Dot-Com Bubble Peak
Friday, January 14, 2022 - 10:16am | 345Read More...Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 14, 2000, the Dow Jones Industrial Average reached its dot-com bubble peak. What Else Was Going On In The World? In 2000, Vermont passed HB847, a bill legalizing Civil...
-
This Day In Market History: Nasdaq Hits 2,000
Friday, July 16, 2021 - 9:20am | 243Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On July 16, 1998, the Nasdaq Composite Index closed above 2,000 for the first time. Where The Market Was: The Dow Jones Industrial Average closed the day at 9,328.19 and the S&P...
-
This Day In Market History: S&P 500 Hits 1,300 For The First Time
Monday, March 15, 2021 - 9:23am | 257Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1999, the S&P 500 closed above 1,300 for the first time. Where The Market Was: The Dow finished the day at 9,958.77. The S&P 500 finished at 1,307.26. What...
-
Here's How Much Investing $1,000 In The 5 Biggest Dot-Com Bubble Tech Stocks Would Be Worth Today
Sunday, October 4, 2020 - 4:30pm | 821Read More...Despite an ongoing pandemic and the U.S. economy barely limping along, the Nasdaq is still trading more than 50% above its March lows. The surge in tech stocks in 2020 has understandably led investors to draw comparisons to the dot-com bubble in 2000. The Nasdaq ultimately peaked at 5,048.62 on...
















